[Federal Register Volume 61, Number 231 (Friday, November 29, 1996)]
[Notices]
[Pages 60748-60749]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30396]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency
Office of Thrift Supervision

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Submission for OMB Review; Comment Request

AGENCIES: Office of the Comptroller of the Currency (OCC) and Office of 
Thrift Supervision (OTS), Treasury; Board of Governors of the Federal 
Reserve System (Board); and Federal Deposit Insurance Corporation 
(FDIC).

ACTION: Submission for OMB review; Comment request.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. Chapter 35), the OCC, OTS, and the FDIC hereby 
give notice that they plan to submit to the Office of Management and 
Budget (OMB) requests for review of the information collection 
described below. Additionally, the Board is reviewing the collection 
under its delegated authority from OMB. The OCC, OTS, Board, and FDIC 
(collectively, the ``Agencies'') may not conduct or sponsor, and 
respondent is not required to respond to, an information collection 
that has been extended, revised, or implemented on or after October 1, 
1995, unless it displays a currently valid OMB control number. Comments 
are invited on: (a) whether the proposed revisions to the following 
collections of information are necessary for the proper performance of 
the Agencies' functions, including whether the information has 
practical utility; (b) the accuracy of the Agencies' estimate of the 
burden of the information collections as they are proposed to be 
revised, including the validity of the methodology and assumptions 
used; (c) ways to enhance the quality, utility, and clarity of the 
information to be collected; (d) ways to minimize the burden of 
information collection on respondents, including through the use of 
automated collection techniques or other forms of information 
technology; and (e) estimates of capital or startup costs and costs of 
operation, maintenance, and purchase of services to provide 
information.

DATES: Comments must be submitted on or before December 30, 1996.

ADDRESSES: Direct written comments as follows:
    OCC: Communications Division, Office of the Comptroller of the 
Currency, Third Floor, 250 E Street, S.W., Washington, D.C. 20219; 
Attention: 1557-0014. Comments may also be sent by facsimile 
transmission to (202) 874-5274 or by electronic mail to: 
[email protected].
    OTS: Dissemination Branch, Records Management and Information 
Policy, Office of Thrift Supervision, 1700 G Street, N.W., Washington, 
D.C. 20552, Attention: 1550-0032. These submissions may be hand-
delivered to 1700 G Street, N.W. from 9:00 a.m. to 5:00 p.m. on 
business days. They may be sent by facsimile transmission to (202) 906-
7755. Comments over 25 pages in length should be sent to Fax (202) 906-
6956. Comments will be available for inspection at 1700 G Street, N.W., 
from 9:00 a.m. until 4:00 p.m. on business days.
    Board: William W. Wiles, Secretary, Board of Governors of the 
Federal Reserve System, 20th & Constitution Avenue, N.W., Washington, 
D.C. 20551, or delivered to the Board's mail room between 8:45 a.m. and 
5:15 p.m., and to the security control room outside of those hours. 
Both the mail room and the security control room are accessible from 
the courtyard entrance on 20th Street between Constitution Avenue and C 
Street N.W. Comments received may be inspected in Room MP-500 of the 
Martin Building between 9:00 a.m. and 5:00 p.m. weekdays, except as 
provided in 12 CFR 261.8 of the Board's Rules Regarding Availability of 
Information, 12 CFR 261.8(a).
    FDIC: Jerry Langley, Executive Secretary, Attention: Room F-402, 
Federal Deposit Insurance Corporation, 550 17th Street, N.W., 
Washington, D.C. 20429. Comments may be hand-delivered to Room F-402, 
1776 F Street, N.W., Washington, D.C. 20429, on business days between 
8:30 a.m. and 5:00 p.m. (FAX number (202) 898-3838; Internet address: 
[email protected]). Comments will be available for inspection and 
photocopying in Room 7118, 550 17th Street, N.W., Washington, D.C. 
20429, between 9:00 a.m. and 4:30 p.m. on business days.
    A copy of the comments may also be submitted to the OMB Desk 
Officer, Alexander T. Hunt, Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT: A copy of the submission or requests 
for additional information may be obtained by contacting:
    OCC: Jessie Gates, OCC Clearance Officer, or Dionne Walsh, 
(202)874-5090, Legislative and Regulatory Activities Division.
    OTS: Colleen M. Devine, OTS Clearance Officer, (202)906-6025.
    Board: Mary M. McLaughlin, Board Clearance Officer, (202)452-3829. 
For the hearing impaired only, Telecommunications Device for the Deaf 
(TDD), Dorothea Thompson, (202)452-3544, Board of Governors of the 
Federal Reserve System, 20th and C Streets, N.W., Washington, D.C. 
20551.
    FDIC: Steven F. Hanft, FDIC Clearance Officer, (202)898-3907.

SUPPLEMENTARY INFORMATION:

    Title: Interagency Notice of Change in Control, Interagency Notice 
of Change in Director or Senior Executive Officer, and Interagency 
Biographical and Financial Report.
    OCC's Title: Comptroller's Corporate Manual. The specific portions 
of the Comptroller's Corporate Manual that are changed and addressed in 
this notice are those that pertain to the Interagency Notice of Change 
in Bank Control, the Interagency Notice of Change in Director or Senior 
Executive Officer, and the Interagency Biographical and Financial 
Report.
    OMB Number:
    OCC: 1557-0014.
    OTS: Interagency Notice of Change in Control, 1550-0032; 
Interagency Notice of Change in Director or Senior Executive Officer, 
1550-0047; Interagency Biographical and Financial Report, 1550-0047.
    Board: 7100-0134.
    FDIC: Interagency Notice of Change in Control, 3064-0019; 
Interagency Notice

[[Page 60749]]

of Change in Director or Senior Executive Officer, 3064-0097; 
Interagency Biographical and Financial Report, 3064-0006.
    Form Number:
    OCC: None.
    OTS: Interagency Notice of Change in Control, Form 1622; 
Interagency Notice of Change in Director or Senior Executive Officer, 
Form 1624; Interagency Biographical and Financial Report, Form 1623; 
Applicant Certification, Form 1606.
    Board: Interagency Notice of Change in Control, Form FR 2081a; 
Interagency Notice of Change in Director or Senior Executive Officer, 
Form FR 2081b; Interagency Biographical and Financial Report, Form FR 
2081c.
    FDIC: Interagency Notice of Change in Control, Form 6822/01; 
Interagency Notice of Change in Director or Senior Executive Officer, 
Form 6810/01; Interagency Biographical and Financial Report, Form 6200/
06.
    Abstract: The collections of information are necessary in order to 
eliminate duplicative filings and to satisfy Federal law and regulatory 
authority for each agency. The Agencies use the biographical portion of 
the collections to evaluate the competence, experience, character, and 
integrity of the persons proposed as organizers, senior executive 
officers, directors, or principal shareholders. The financial portion 
is used to evaluate the financial ability of persons proposed as 
organizers, senior executive officers, directors, or principal 
shareholders. These reports are also used to allow or disapprove 
proposed acquisitions.
    Current Actions: A task force of the Federal Financial Institutions 
Examination Council (FFIEC) has adapted, reformatted, and retitled the 
three reports, pursuant to the Riegle Community Development and 
Regulatory Improvement Act of 1994 (CDRI). The reports are retitled: 
Interagency Notice of Change in Control, Interagency Notice of Change 
in Director or Senior Executive Officer, and Interagency Biographical 
and Financial Report. Comments were solicited in the Federal Register 
on August 13, 1996 (61 FR 42085). The agencies received no comments on 
any of the forms.
    Type of Review: Revision of previously approved collection.
    Frequency of Response: On occasion.
    Affected Public: Businesses or other for-profit; individuals or 
households.
    OCC:
    Estimated Number of Respondents: Interagency Notice of Change in 
Control--20; Interagency Notice of Change in Director or Senior 
Executive Officer--150; Interagency Biographical and Financial Report--
520. (For the Comptroller's Corporate Manual--2,800.)
    Estimated Total Annual Responses: Interagency Notice of Change in 
Control--20; Interagency Notice of Change in Director or Senior 
Executive Officer--150; Interagency Biographical and Financial Report--
520. (For the Comptroller's Corporate Manual--9,700.)
    Estimated Total Annual Burden Hours: Interagency Notice of Change 
in Control--600 hours; Interagency Notice of Change in Director or 
Senior Executive Officer--300 hours; Interagency Biographical and 
Financial Report--2,080 hours; Estimated Total--2,980 burden hours. 
(For the Comptroller's Corporate Manual--23,103 hours.)
    OTS:
    Estimated Number of Respondents: Change in Control--56; Notice of 
Hiring or Indemnifying Senior Executive, Officer, or Director--2,942.
    Estimated Total Annual Responses: Change in Control--56; Notice of 
Hiring or Indemnifying Senior Executive, Officer, or Director--2,942.
    Estimated Total Annual Burden Hours: Change in Control--1,890 
hours; Notice of Hiring or Indemnifying Senior Executive, Officer, or 
Director--19,133 burden hours.
    Board:
    Estimated Number of Respondents: Interagency Notice of Change in 
Control--300; Interagency Notice of Change in Director or Senior 
Executive Officer--280; Interagency Biographical and Financial Report--
1,000.
    Estimated Total Annual Responses: Interagency Notice of Change in 
Control--300; Interagency Notice of Change in Director or Senior 
Executive Officer--280; Interagency Biographical and Financial Report--
1,000.
    Estimated Total Annual Burden Hours: Interagency Notice of Change 
in Control-- 9,000 hours; Interagency Notice of Change in Director or 
Senior Executive Officer--560 hours; Interagency Biographical and 
Financial Report--4,000 hours; Estimated Total--13,560 burden hours.
    FDIC:
    Estimated Number of Respondents: Interagency Notice of Change in 
Control--50; Interagency Notice of Change in Director or Senior 
Executive Officer--300; Interagency Biographical and Financial Report--
2,200.
    Estimated Total Annual Responses: Interagency Notice of Change in 
Control--50; Interagency Notice of Change in Director or Senior 
Executive Officer--300; Interagency Biographical and Financial Report--
2,200.
    Estimated Total Annual Burden Hours: Interagency Notice of Change 
in Control-- 1,500 hours; Interagency Notice of Change in Director or 
Senior Executive Officer--600 hours; Interagency Biographical and 
Financial Report--8,800 hours; Estimated Total--10,900 burden hours.
    Dated: November 20, 1996.
Karen Solomon,
Director, Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency.

    Dated: November 22, 1996.

    By the Office of Thrift Supervision.
Catherine C.M. Teti,
Director, Records Management and Information Policy, Office of Thrift 
Supervision.

    Board of Governors of the Federal Reserve System, November 13, 
1996.
William W. Wiles,
Secretary of the Board.

    Dated at Washington, D.C., this 14th day of November, 1996.

    By the Federal Deposit Insurance Corporation.
Steven F. Hanft,
Assistant Executive Secretary (Regulatory Analysis).
[FR Doc. 96-30396 Filed 11-27-96; 8:45 am]
BILLING CODE 4810-33-P; 6720-01-P; 6210-01-P; 6714-01-P